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In 1962, actors were having difficulty getting credit. In fact, one AEA member, when denied credit at a local department store, was told that he was being denied because he was an actor. This very member proceeded to raise the issue at an AEA meeting. When asked if anyone would care to take up the challenge of starting a credit union for those of us in the acting profession, one member raised his hand: Conrad Bain.
Bain, along with six others—Anthony Saverino, Robin Craven, Herb Nelson, Theodore Bikel, Angus Duncan, and Bill Ross—incorporated Actors Federal Credit Union in 1962 with help from Leo Schwarz, Field Representative of the New York League of Credit Unions.
Take Your Earnings, Higher In 2025! Earn up to 4.59% APY* with no minimum deposit. Open your eMax$ Online Account through eBranch today!
Rates are subject to change without notice*.